16 Somerset Court, Blackburn South VIC 3130
This property is Off Market
- The Average property price in this area is $1,607,271, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 15.16 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Blackburn South
With an average age of 43, households expect an average monthly mortgage payment of $2,173 or a weekly rent payment of $381. The average family earns a weekly income of $2,107 with a typical household size of 2.3 and a 96.03% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Blackburn South ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Blackburn South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Blackburn South to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Blackburn South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Blackburn South a better buying opportunity than it may have been in the past.
Public Transport
Stop 66: Middleborough Road
Stop 67: Old Burwood Road
Stop 67: Old Burwood Road
Stop 68: Benwerrin Reserve
Stop 68: Benwerrin Reserve
Stop 69: Highview Grove
Stop 69: Keats Street
Stop 70: Blackburn Road
Stop 70: Blackburn Road
Stop 71: Sevenoaks Road
General Points of Interest
Neighbours Backlot
The Cricketer's Bell
Academy Swimming Pool
Doncaster Action Indoor Sports
Hockey Pavillion
Ringwood Golf Course
Boroondara Tennis Centre
Camberwell Central
Vermont South Shopping Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 1121 asthma sufferers and 473 people living with diabetes. In addition, 579 people have a heart/vascular condition and 791 people live with three or more chronic diseases.A good place to invest in property?
Blackburn South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
62 / 100
52 / 100
Industry
19 / 100
17 / 100
Population
22 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
36 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsOrchard Grove Primary School Forest Hill College
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Burwood Heights Primary School
Burwood East, VIC, 3151 State Prep-6
Property Story
16 Somerset Court, Blackburn South, Vic, 3130 is a residential property . The estimated distance to the sea is 15.16km and 0.85KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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